Home Equity Line of Credit

With our great rate special, it’s time to put the equity in your house to work for you!

Your home is your castle—your refuge and respite. It also may offer you a tax-deductible way to pay for larger purchases, such as auto, boat, remodeling projects, or college tuition.

Need a little extra cash? State Bank can help with a competitive-rate home equity line of credit with no closing costs. Stop by and let us answer questions, review your needs, explain your options, and even walk you through the loan application process. Plus, every loan is backed by a level of personal service the big banks simply don’t provide.

No questions? Ready to go? You can also call us at 1-866-348-4674 or apply online today with our Secure Loan Application. We’ll get back to you right away with the answer you need.

Welcome to the way lending should be. Welcome to State Bank.


*Annual Percentage Rate. State Bank will pay flood certification, drive-by appraisal, title search, and document recording fees. Hazard and, if applicable, flood insurance is required and the responsibility of the borrower. This offer is available for new lines of credit only. Minimum credit line amount of $5,000 with a maximum amount of $350,000 and up to 80% of the value of your 1-4 family owner-occupied residential IN property. This loan is not available for the purchase of a primary residence. The introductory fixed rate will apply only during the first 6 billing cycles after your HELOC is opened; beginning the 7th month, the APR will convert to the applicable variable APR plus a margin up to 1.00% depending on your credit score. The variable APR may change monthly based on the latest U.S. Prime Rate as published in The Wall Street Journal as of the first business day of the month. The APR will never exceed 21%. As of 9/19/19, the U.S. Prime Rate is 5.00%. The minimum payment may not be sufficient to repay the outstanding balance and may result in a single balloon payment. This loan may have a prepayment penalty; ask us for details. There is a $50 annual fee, which is waived the first year. Check with your tax advisor for tax deductibility of interest payments. Credit is subject to approval. Rate, terms, and conditions are effective as of 9/19/19 and may change without notice or be withdrawn at any time. See a loan officer for full details. NMLS #504503